August, 2022

• 30 August

  Walmart takes Massmart private to revive South African business

  

    Bloomberg Walmart Inc plans to take Massmart Holdings Ltd. private and will promote the unit’s chief operating officer to head of the company as it prepares to renew its focus on South Africa. The global retail giant plans to buy all of the shares it doesn’t already own of Massmart for 62 rand ($3.65) apiece, a 53% premium to ...

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• 30 August

  Australian retail sales climbed 1.3 % in July

  

    Bloomberg Australian retailers powered further ahead in July, suggesting cashed-up households are coping well with rapid interest-rate increases. Sales advanced 1.3%, easily exceeding economists’ forecasts for a 0.3% gain, the Australian Bureau of Statistics said in a statement on Monday. The gain was the largest in four months. “Turnover rose in five of the six retail industries,” said Ben ...

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• 30 August

  WhatsApp is rolling out in-app shopping product with JioMart

  

    Bloomberg WhatsApp, the popular messaging service owned by Meta Platforms Inc., is rolling out a shopping product in India, the first time users will be able to browse and purchase groceries and other household products without leaving the app. WhatsApp unveiled the new tool alongside JioMart, part of Reliance Industries Ltd.’s Jio Platforms, an Indian tech company that Meta ...

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• 30 August

  Nasa scrubs first test flight of moon rocket after engine fault

  

  Bloomberg Nasa delayed the debut launch of its new massive rocket due to an issue with one of its engines, dealing a temporary blow to the space agency’s plan to return to the lunar surface. With Vice President Kamala Harris in attendance at Florida’s Kennedy Space Center and a global audience watching online, the uncrewed Artemis I mission was called ...

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• 30 August

  Air France pilots fired over cockpit brawl

    Bloomberg Two Air France pilots were suspended after coming to blows in the cockpit of an Airbus jetliner during a flight between Geneva and Paris, latest safety issue to plague the airline. The mid-air dispute occurred in June, according to a spokeswoman for the carrier, who confirmed a report by La Tribune newspaper. The incident was resolved quickly, and ...

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• 30 August

  Putin’s Russia seeks to sow war fatigue, says Zelenskiy

  

  Bloomberg Ukrainian President Volodymyr Zelenskiy accused Russia of trying to create a global sense of fatigue about its invasion, including by restricing the flow of gas to drive energy prices higher. The European Union is working on “an emergency intervention and a structural reform of the electricity market” to drive down spiking power prices, according to Ursula von der Leyen, ...

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• 30 August

  IAEA team to inspect Ukraine’s Zaporizhzhia nuclear plant this week

    Bloomberg International Atomic Energy Agency Director General Rafael Mariano Grossi will lead an inspection of the Russian-occupied Zaporizhzhia nuclear power plant in Ukraine this week, he said in a statement on Twitter. The visit to Europe’s biggest nuclear power station will take place amid almost-daily reports of new shelling and damage to infrastructure surrounding its six reactors. A document ...

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• 30 August

  Georgia’s Kemp must testify in Trump election probe, judge says

    Bloomberg Georgia Governor Brian Kemp must testify before a grand jury investigating former President Donald Trump’s actions after his 2020 loss to Joe Biden, but not until after he faces his own election later this year, a Fulton County Superior Court judge ruled. Judge Robert McBurney on Monday rejected a claim by Kemp’s attorneys that he was immune as ...

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• 30 August

  Bolsonaro, Lula clash in stormy head-to-head Brazil debate

  

  Bloomberg Former President Luiz Inacio Lula da Silva and incumbent Jair Bolsonaro had their first in-person confrontation of Brazil’s election campaign during a stormy televised debate that set the tone of the contest with five weeks to go. The two front-runners didn’t waste any time before attacking each other, with Bolsonaro branding Lula’s government “the most corrupt in history” and ...

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• 30 August

  China imposes fresh lockdown as summit looms

  

    Bloomberg China is enforcing lockdown restrictions in areas around Beijing more intensively, and will mass test the nearby port city of Tianjin, stepping up its quest to wipe out Covid-19 ahead of a key meeting of the Communist Party’s top leaders. The moves come even as China’s latest wave shows signs of easing, with 1,556 new infections nationwide reported ...

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